Fe Battery Metals Corp. (TSE:FE) has released an update.
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FE Battery Metals Corp. has successfully completed the initial tranche of its announced private placement, securing $400,000 by issuing common shares at $0.23 each, along with paying finder’s fees. The funds raised are earmarked for general working capital and further exploration of the company’s Quebec properties. Additionally, the company has offered incentive stock options to key insiders, with approvals pending from the Canadian Securities Exchange.
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